Question: Use this information to answer the question that follow. The following data relate to direct materials costs for February: Materials cost per yard: standard, $1.91;

Use this information to answer the question that follow. The following data relate to direct materials costs for February: Materials cost per yard: standard, $1.91; actual, $2.05 Standard yards per unit: standard, 4.62 yards; actual, 5.24 yards Units of production: 9,400 Calculate the direct materials price variance. Oa. $6,895.84 favorable Ob. $1,316.00 unfavorable Oc. $6,079.92 favorable Od. $6,895.84 unfavorable
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
